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Voluntary & Community Sector

Budget Briefing 20th October 2011

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Change in Spending Power per Head of Population 2010/11 to 2012/13

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The MTFP Budget Gap

2012/13 £m

2013/14 £m

2014/15 £m

Total £m

50.0 18.5 33.3 101.8

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How we got to the £50m Budget Gap in 2012-13

2011/12 £m

2012/13 £m

Change £m

501.821 Budget Requirement 501.821 Projected Changes Pay Related Pressures 6.400 Capital Financing 5.652 Budget Growth Pressures (Demand /Demography) 15.489 Pressures (Inflationary) 8.522 Developments 4.272 Use of Reserves 15.781 Restructuring costs -24.700 Transition Grant 2011-12 only 16.989 2011/12 savings Full Year Effect -14.800 Identified Corporate Reductions -6.684 Treasury Management -1.500 -22.984

501.821 527.242 25.421 Funding Sources

-162.727 Council Tax -163.486 -340.027 Formula Grant -313.756

0.933 Other Collection fund items -501.821 -477.242 24.579

0 Projected Budget deficit 50.000 50.000

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Priority led - The budget will be informed by valuing what is most important for residents.

Multi Year - The budget will be agreed in early March 2012, but will cover

a three year period.

Capital /Revenue - The budget will be better linked, for there are significant

revenue costs arising from capital schemes.

Transparent - This year’s budget process will improve the transparency of decision making, making it clear how decisions will be sequenced.

Consultative - The budget process will seek as wide a canvass of views as possible.

Our Budget Strategy

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Proposed savings options 2012-15 as at October 13, 2011

2012/13 2013/14 2014/15 Total

£m £m £m £m

Not affecting residents -44.242 -8.682 -2.468 -55.392

Affecting residents -28.655 -11.330 -19.870 -59.855

Affecting residents Council Tax -4.000 -4.000 -4.000 -12.000

Totals -76.896 -24.012 -26.338 -127.246

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Proposed savings options 2012-15 – more details

  2012/13 2013/14 2014/15

Not affecting residents -57.5% -36.2% -9.4%

Affecting residents -37.3% -47.2% -75.4%

Affecting residents Council Tax -5.2% -16.7% -15.2%

Not affecting residents £000's £'000's £'000's

1 Organisation - arrange people better 5,566 -672 937

2 Lean - better slicker processes 4,287 354 1,151

3 Procurement - buy at a lower price 12,550 4,000 300

4 Shared Services - spread costs with others 600 4,500 80

5 Capital - reduce revenue costs 0 0 0

6 Terms & Conditions of employees 0 0 0

7 Sweat the assets; improve income 1,739 500 0

8 Change assumptions 19,500 0 0

Affecting residents  

9 Change Standards, usually reduce 9,309 4,000 17,600

10 Stop doing things 19,346 7,330 2,270

  Affecting residents Council Tax 4,000 4,000 4,000

  Totals   76,896  24,012  26,338

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Deciding our Priorities

Priority One Priority Two Priority Three £315.9m £33.3m £88.1m Audit Risk & Management Policy & Performance

Chief Executive

Equal Opportunities Children's Social Care Schools Service Inclusion & Commissioning Integrated Family Support

Children & Young People Services

Corporate Parenting Financial Services Resource Management Legal & Committee Services

Finance & Resources

ED/AD Finance and Resources Community Engagement Services to Young People Housing

Housing & Neighbourhoods

Neighbourhoods Operations Environmental Licensing Green Spaces Parking & Transport Leisure Services Premises Management Registrars Culture & Tourism Employment Skills Support Planning & Transport

Regeneration & Employment

Strategic Investment Programmes Adult Services statutory Adult Services non-statutory Adult In House Services

Adult Services & Health

Assessment & Safeguarding Burton Manor

Corporate-Other Services

Children's Wforce Human Resources

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2012-13 Controllable Budget £437.307m

8%

20%

72%

Priority 1 £315.9m

Priority 2 £33.3m

Priority 3 £88.1m

2012-13 Savings affecting residents£28.655m

17%27%

56%

Priority 1 £16.157m

Priority 2 £4.846m

Priority 3 £7.652m

Savings Against our Priorities Protecting Priority 1

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Annex 5 2011-12 Timeline for budget 2012-15; 4 Cabinet meetings

Bank Budget Consultation Cabinet F&R Webcast Budget Public Council2011 Hols Event descriptor Meeting Select All Membrs Review Questns Meeting

Sept 29 29- 2 Cttee Group 5- 9 Decide priorities, timescale etc 9 12-16 16 19-23 23 Mtg 21 21 26-30 1st pass of figures

Oct 3- 7 7 10-14 Budget Briefing: Schools Parliament 12th 17-21 Stakeholder meetings: Schools Parliament 19th, Voluntary

Organisations 20th, Chamber of Commerce 21st 21 21 21 24-28 27

Nov 31- 4 4 2 7-11 14-18 18 21-25

Dec 28- 2 Govt RSG announcement 2 5- 9 2 12-16 'Final' figures, subject to fine tuning 16 8 19-23 21

26/7 26-302012 Jan 2 2- 6 Stakeholder meetings Jan 6th 6

9-13 16-20 Reports: Tax Base; Balances risk 20 18 23-27

Feb 30- 3 Reports: Collection Fund; MTFS; S25 Statement 3 6-10 13-17 Reports: PrudentiaI Indicators; Treasury Management 17 15 17? 20-24 Special Cabinet - budget only - Final figures 24

March 27- 2 2

5- 9 Reports: 1 Budget Revenue, 2 Council Tax Resolution 3 Budget Capital 8 7

Reports: Cabinet CouncilBalances - the Risk calculation of what level they should be Jan 20 Mar-07Tax Base between Dec 1 & Jan 31 Jan 20Collection Fund as @ Jan 15 Feb 3Medium Term Financial Strategy (MTFS) Feb 3 Mar-07S 25 Statement - robustness of the estimates & the adequacy of the proposed reserves Feb 3 Mar-07Prudential Indicators - the financial boundaries of the budget Feb 13 Mar-07Treasury Management - statement on the cashflow and borrowing required Feb 13 Mar-07Final Budget reports/Council Tax setting Feb 24 Mar-07

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Questions ?